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subcontractors deemed unallowable. It is also expressly <br />understood that the LA is not responsible for the obligations <br />of the WIA Contractor to its subcontractors. <br />The WIA Contractor will ensure that its subcontractors, if <br />any, do not subcontract for any performance or partial <br />performance of any activity of service provided or to be <br />provided through this Agreement. <br />14. RECORD KEEPING, REPORTING AND ACCOUNTING: <br />In consideration for full and satisfactory performances, the <br />LA shall fulfill its obligations to pay the WIA Contractor the <br />actual cost incurred not exceeding the full amount of the <br />Contract Agreement, for performances rendered hereunder <br />subject to the following limitations: <br />A. The LA shall not be liable to the WIA Contractor for <br />expenditures made in violations of the Regulations <br />promulgated under the Act, or in violation of any other <br />regulations promulgated under the Act, or otherwise <br />applicable. <br />B. The LA shall not be liable to the WIA Contractor for costs <br />incurred or performances rendered unless such costs and <br />performances are in strict accordance with the terms of <br />this Agreement. <br />C. The LA funding obligations under this Agreement are <br />contingent upon actual receipt of funds from the State or <br />the USDOL. <br />The WIA Contractor shall use accounting and record keeping <br />procedures that assure proper accounting of funds and permit <br />accessibility in monitoring, performance evaluation and audit. <br />The WIA Contractor shall comply with applicable directives <br />from the LA and the State regarding accounting and audit <br />procedures under this Contract Agreement and shall, in all <br />respects, comply with the Office of Management and Budget <br />Circular applicable to the WIA Contractor's organizational <br />structure. <br />The WIA Contractor shall submit budgets, invoices, and monthly <br />reports to the LA no later than the tenth (10) working day of <br />the month. Modifications of budgeted cost categories may only <br />be made as permitted by the LA. Monthly financial reports not <br />submitted in a timely manner for processing, will not receive <br />reimbursement funds for the month requested until the <br />following month and the appropriate financial report has been <br />received by the LA. <br />The WIA Contractor must provide the following information: <br />Name, Title, telephone number of financial contact for your <br />agency: (please type or print) <br />Joyce Lee Business Officer 919 245 -2811 <br />Name Title Telephone #: <br />Local Workforce Area Contract Agreement Page 5 of 29 <br />Amended 7/14 <br />